Define Bailee and describes the right and duties of the bailee.
Bailee
is the party of a bailment contract to whom goods are delivered by bailor on
the condition that after the completion of the purpose of the contract, or some
period of time the bailee should return the goods to the bailor. If X gives his
house on rent to Y. The Y is the bailee.
The
right of bailee is given below:
i) The
right to be indemnified for the loss caused by a lack of information about the
goods, defective titles of good.
ii)
Right to deliver goods to one of the several(joint owners): If the bailment
contract is concluded by several joint owners the bailee may deliver the goods
back to one of the joint owners, without consent of other owners in the absence
of any agreement to the contrary.
iii)
Right of special lien: Special right is the right of a bailee that can keep the
goods bailed in his/ her custody until the bailor does not pay all the
necessary changes. The bailee even can recover the charge by selling the
property.
iv) Right
to deliver the goods to bailor even though the real owner of goods is not the
bailor.
The
duties of bailee are given below:
i)
Duty not to make unauthorized use of the good bailed.
ii)
Not to mix the bailed goods with other goods.
iii)
Duty to take reasonable care of the goods bailed.
iv)
Duty to return the goods to the bailor in time.
v)
To return the goods with their natural profit or increments.
vi)
To follow the terms and the instruction of the bailor.
vii)
Duty to compensate for the loss or damage caused by him/ her.
Reviewed by Bijay Munikar
on
September 29, 2020
Rating:
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